Topic: Will the Chinese pumpers pump BTC up again in the next 30 days? - page 3. (Read 2474 times)
January 16, 2016, 08:49:46 AM
i dont think so because now is closer to chinese new year, i've prediction price will dump again but it will not for long time, after chinese new year price will slowly up.
January 16, 2016, 07:00:12 AM
yes, and I think they will make the price of bitcoin rose to $ 600, they could not say anything to see this happen, because so many users bitcoin originating from China, even the china in my area also use bitcoin, because I know someone from their 
January 16, 2016, 06:44:22 AM
Always go back to fundamentals.
How are they?
Currently very bad, not supporting a rally.
When problems get addressed we can move on up again. Let's hope sentiment hasn't killed it by then.
the fundamentals are neither bad nor good. That means for now there are no good arguments neither for an increase nor for the decrease. And that is exactly what is happening. Pumpers are still accumulating dry powder to have enough ammo, once the halving gets closer. On the other hand bear trend has been ended in 2015, and now all the bears can count for is a correction. That is happening right now, but it shouldn't last long, as there is quite a lot of supports from here to $350. How are they?
Currently very bad, not supporting a rally.
When problems get addressed we can move on up again. Let's hope sentiment hasn't killed it by then.
January 16, 2016, 06:26:21 AM
No, this massive drop is part of a complex correction, which IMO is not over.
I am expecting certain rebounds, but certainly not a new rally, and the market to make lower lows during the next 30 days.
I am expecting certain rebounds, but certainly not a new rally, and the market to make lower lows during the next 30 days.
First of all, The top zones right through 2015, which was also consolidated upon through Nov 2015 ($310-$330), should now prove very strong resistance. However, take the move from $460 - $350 ($110 dollars people!!), take the highest point of bounce, currently $380, but lets say $400 over the course of the next few days (providing yet more downtime aint impending), then project another $110 downside from $400.......this would be totally typical harmonic price action for Bitcoin to follow. We can see these harmonics all over the place in Bitcoin, bullish and bearish trends alike. Anyhow, if that played out, then that would make $290 Bitcoin. $285 Bitcoin, would see a 61.8% retrace (Stamp) of entire move from $150 - $500.
January 16, 2016, 06:01:15 AM
No, this massive drop is part of a complex correction, which IMO is not over.
I am expecting certain rebounds, but certainly not a new rally, and the market to make lower lows during the next 30 days.
I am expecting certain rebounds, but certainly not a new rally, and the market to make lower lows during the next 30 days.
January 16, 2016, 05:55:37 AM
china whales don't have interest for pumping anytime soon as china's biggest holiday is around the corner.
ehm you're forgetting that china whales are = miners, so yes they have enough interest to pump it
every big farm out there is sittimg on 100k+ bitcoin at very least, because they can earn something like 100+ btc daily, in one eyar this already 36k, and they have not started mining this year you know..
January 16, 2016, 05:34:16 AM
So if it's china like you say , how the price decrease came with both Cryptsy getting hacked and Mike hearn bullshit ? or they did it on purpose ?
Anyway , If it's actually the case then there is nothing to be afraid of , it will come back on the next 30 days if not sooner .
Anyway , If it's actually the case then there is nothing to be afraid of , it will come back on the next 30 days if not sooner .
yes they have been very successful pumpers - they got the price up from abut $300 to $450 very quickly so why would they not do it again? And begin reasonably soon - yes within 30 days would also be very likely.
Bitcoin might go much lower but if you buy small quantities now daily your av price might for them be say $320? within 30 days. So if they can repeat the trick of a $400 plus price in 2-3 months you will do handsomely (ie make 25%.)
January 16, 2016, 04:43:24 AM
So if it's china like you say , how the price decrease came with both Cryptsy getting hacked and Mike hearn bullshit ? or they did it on purpose ?
Anyway , If it's actually the case then there is nothing to be afraid of , it will come back on the next 30 days if not sooner .
Anyway , If it's actually the case then there is nothing to be afraid of , it will come back on the next 30 days if not sooner .
January 16, 2016, 04:26:36 AM
china whales don't have interest for pumping anytime soon as china's biggest holiday is around the corner.
January 16, 2016, 04:20:52 AM
Always go back to fundamentals.
How are they?
Currently very bad, not supporting a rally.
When problems get addressed we can move on up again. Let's hope sentiment hasn't killed it by then.
How are they?
Currently very bad, not supporting a rally.
When problems get addressed we can move on up again. Let's hope sentiment hasn't killed it by then.
January 16, 2016, 03:50:57 AM
China was responsible for the current pump but was unable to rally enough people to join them and move beyond 500 in USD terms.
The question is, will they return and pump it up again in the next 30 days?
The question is, will they return and pump it up again in the next 30 days?
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